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John Waits owns a small shop with two employees. For one payroll period the total withholding tax for all employees was $1,765. The total employees'
John Waits owns a small shop with two employees. For one payroll period the total withholding tax for all employees was $1,765. The total employees' Social Security tax was $172 and the total employer's Social Security tax was $236. The total employees' Medicare tax was $108 How much must John deposit as the employer's share of Social Security tax and Medicare tax? What is the total tax that must be deposited?
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